A Tiger Called Ofgem In an alarming comment last week, Ofgem, referring to their “consultation on regulating non-domestic Third Party Intermediaries”, said that if Ofgem does decide to implement a unilateral code of conduct on TPIs then it wouldn’t be a “toothless tiger”. The threat sends a shudder down the spine with Ofgem tackling the […]
The Nation’s Favourite Energy Source?
According to research published by the Guardian, wind energy is the nation’s favourite energy source. Despite the anti-wind policy supported by the Conservatives and the NIMBY brigade, the survey claims to have canvassed opinion from across the political, geographical and social spectrum and has seen wind energy given the ‘thumbs-up’. The Guardian reports that rather […]
Energy UK and the Energy Regulation TPI Review
The Art of Denial – the Energy UK Way Despite their members being fined an astonishing £39m for a series of mis-selling activities, Energy UK believes energy suppliers and their agents should be explicitly excluded from any new rules proposed by Ofgem and designed to eradicate mis-selling from the business energy market. That shocking sentiment […]
The Price of Loyalty in the Workforce
For most business owners and leaders their biggest asset as well as their biggest headache is their staff. Love them or not, they’re the key to your business’ current and future success. An occupational hazard therefore is the resignation letter, some we don’t mourn others we do, although the mantra “you always replace with better” […]
Energy Company Fines and Misdemeanours
The Fine Times Table We thought it would be interesting to look back at the energy market since Business Juice first came into existence. In July 2009, uSwitch for Business began trading as an independent entity for the first time, in that time many things have happened in our business, not least our 2013 rebrand […]
Energy Company Bailouts Warning from Japan
Since the Fukushima earthquake in 2011 Japan, a perennial energy exporter, mining and monetizing its abundant natural resources has experienced a fundamental change in its world energy status. In response to the earthquake and the Fukushima nuclear accident, 50 reactors were and continue to be shut down. Those 50 reactors across nine regionalized utility companies […]
Banks and Business Energy
Chancellor of the Exchequer, and hamburger fan, George Osborne has pushed the banking sector to accelerate their lending rate to SMEs. Only last week new lending figures were released that showed that in the first quarter of 2014 lending under the ‘Funding for Lending Scheme’ which was launched in July 2012 and designed to stimulate […]
Publish Tariffs to Help Business Energy, Say Small Businesses
Would published tariffs be of benefit to the business gas and electricity market? The Federation of Small Businesses, in their latest energy survey, put exactly this question to their members. 18% responded, a total of 1,434 small businesses, and their conclusions were a surprise, to us at least. Nearly half (49%) of businesses believe publishing tariffs […]
National Grid – Budgets & Blackouts
Against a backdrop of supply capacity becoming thinner, plants being mothballed as commercial terms prompt closure and government policies driving obsolescence in our energy network the virtues of the recent mild winter are clear for all to see. The bullet being dodged in winter 2013/14 does not mean complacency has set in however. National Grid, […]
Business Juice Introduce Energy Guides for Companies
Business Juice is a specialist energy broker, helping companies to save thousands of pounds on electricity and gas bills. Their comprehensive series of Energy Guides has been introduced to help companies understand the market and to demystify the process of switching gas and electricity. As a leading UK energy broker, Business Juice work closely with […]